THORChain Will Be Phasing out Its Non-Native Tokens

THORChain will be phasing out its non-native tokens. BNB.RUNE and ETH.RUNE (IOU Tokens), are being swapped out for the upgraded and completely native $RUNE token. Moving forward, these tokens will progressively lose their value over the next 12 months as the project aims to foster adoption of its fully unified variant of $RUNE, enabling stronger asset interoperability. Users who hold their IOU Tokens on centralized changes will have their tokens automatically upgraded to the new native $RUNE. Those who keep their tokens in private wallets must create a new wallet supported by THORChain and then click an upgrade button to make the switch.
Source

Cross-Chain

Infrastructure

In This Article

Related News
Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem
Chainlink launches private blockchain transactions for institutions Chainlink launches private blockchain transactions for institutions
Omnity Launches Integration to Trade Bitcoin Runes Tokens without Gas Fees Omnity Launches Integration to Trade Bitcoin Runes Tokens without Gas Fees
Chainlink Launched Bridging app Powered by CCIP Chainlink Launched Bridging app Powered by CCIP
Cross-chain Protocol Wormhole to Airdrop 617M Tokens Cross-chain Protocol Wormhole to Airdrop 617M Tokens
Latest News More More
12 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open